npub1sg…x4hn0 on Nostr: Could cashu or fedimint also be used to issue stable coin tokens? I'm trying to think ...
Could cashu or fedimint also be used to issue stable coin tokens? I'm trying to think of a way to use this tech for festivals.
Ideally..
* festival goers buy cashu tokens (could just be SATs, but to get agreement from stallholders festival management, sat to dollar ratio would need to be locked for length of festival).
* NFC chips in wristbands could be used for purchasing food etc at stalls.
* mobile phone app used to check balance of NFC band, lock it, unlock it, set spend limits.
* tokens could be redeemed for bank deposits at end of festival.
They had this at last festival I went to (no phone app though).
Ideally..
* festival goers buy cashu tokens (could just be SATs, but to get agreement from stallholders festival management, sat to dollar ratio would need to be locked for length of festival).
* NFC chips in wristbands could be used for purchasing food etc at stalls.
* mobile phone app used to check balance of NFC band, lock it, unlock it, set spend limits.
* tokens could be redeemed for bank deposits at end of festival.
They had this at last festival I went to (no phone app though).